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right, supply side art mentor will join us to discuss. >>> also tonight, a shocker, david petraeus quits in disgrace or was he forced out just days before he was to testify in front of congress over the benghazi embassy terror attack. will we ever get the real answers? was the threat of blackmail behind this? >> we begin this evening with the president pushing congress to come together right now and solve the fiscal cliff mess. let's give peace a chance. >> cnbc's chief washington correspondent john harwood joins us now with the details. good evening, john. >> reporter: good evening, larry. the white house threat toned veto any legislation extending those top-level bush tax rates. we've got to look closer at two the two principal negotiator his to say today because there were signs of conciliation and first there was john boehner drawing the line not against tax increases, but increases in tax rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst & young 700,000 jobs would be destroyed
david petraeus is a great man. but he made, unfortunately, a great mistake. first up, are we on the verge for american oil revolution? according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible. the iea is smart, good analysts. we have the reserves, no question we have the reserves. in the ground today. number two, we have the technology to get the reserves out of the ground. and number three, we have the money to pay for it. >> right. >> capital exists. >> will the capital be spent? i want to go back. i want to backtrack because i know you are so good at this. with you l the capital be -- so far it has been invested. is that fair? >> it has been invested on private lands, private property owners giving u
here. the sex scandal involving former cia director david petraeus has opened some eyes about online privacy or the lack of it. up next, find out how the government could be looking into your e-mails right this moment. you wouldn't even know about it. >>> then later, tech giant cisco is set to report earnings after the closing bell rings. we'll hear exclousively from ceo john chambers before he speaks to analysts. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stoc
and around the nation. david petraeus, a four-star general who resigned from the military, retired from the military to take on the cia assignment. he had led our forces in iraq and afghanistan. most reepcently, he's been in t middle of the controversy, the investigations into what went wrong both before and after the attack on benghazi. he had already been called to testify as one of the witnesses at closed hearings next week before the senate intelligence committee chaired by senator diane feinstein. that, of course, we assume will proceed. we'll have to touch base with the hill on that. his resignation will not change the importance of his testimony, but it is presumed by all involved that the agency will be well served because the deputy cia director is a veteran, b a career service member at the cia and very highly regarded. >> so andrea, that's what i wanted to ask you. what do we know about mr. morel and how his leadership will be different than petraeus'? it sounds like what you're saying, this has absolutely nothing to do with benghazi and all to do with that extramarital affai
former cia director david petraeus was communicating with his girlfriend, next. [ male announcer ] zeebox is the free app that makes watching tv even better. if your tv were a hot dog zeebox would be some sort of fancy, french mustard. when they magically unite, people would think, "woah, this two dollar hot dog tastes like a fancy eight dollar hot dog." download zeebox free, and say "woah" every time you watch tv. >>> welcome back to "power lunch," i'm mary thompson with market flash. ak steel down over 4%. the ask warning the fourth quarter loss will be larger than expected in large part because of lower steel price and larger income tax charge. also selling 25 million share also about a quarter of its counts. that is putting pressure on its shares today. tyler, back to you. >> thank you. >>> shocking new developments in the sex scape dal that brought down the head of the cia, jeep petraeus. another high-level military leader now entangled in the mess. he is the top u.s. commander in afghanistan, jeep john allen. eamon javers live in washington with details. >> reporter: well this scand
belonging to a dynasty. how about that? >>> up next, the former cia director, david petraeus, put state secrets in peril. the president said there's no evidence, but senior senators accuse obama of a possible benghazi cover-up. we'll get right to that also. >>> this president and this administration has either been guilty of colossal incompetence or engaged in a cover-up, neither of which are acceptable to the american people. >>> we have this fiscal cliff staring us in the face. >> i don't think this country can tolerate another driving close to the precipice dynamic. >> most i know don't want to work with the government. >> don't even get close to the fiscal cliff. >> in rising above, we've got to find a way to move forward. >> i have confidence the fiscal cliff will be dealt with. >> what i'll tell the president is we're here to help. >> we have another pin that you could give to president obama. >> for your rise above pin, go to cnbc.com. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent re
anything about it? >> again, the difference is a leadership position. let's look at david petraeus. it was the women that got him in the end, the one he supposedly was having the affair with, got jealous of another potential relationship that may not have been sexual but she started sending her harassing e-mails. it's a self-regulating issue and women are the erectors of boundaries. >> you don't think petraeus should have resigned? >> oh, i do. he's the director of the cia. you know secrets get past on the pillow. >> we'll leave it there. thank you very much, wendy walsh, dan gross. >>> meanwhile from ceo sex scandals to murder accusations. the founder of antivirus company mcafee reportedly wanted for questioning in the murder case in belize. robert frank now with the shocking story. >> various media stories say mcafee is sought for questioning in the murder of an american in belize. mcafee hasn't returned my calls for comments or my e-mails. few entrepreneurs have had as colorful life as john mcafee. off faunding the software in his '80s his net worth soared to more than $100 mill
director david petraeus and the embassy attack in libya. eamon javers is in washington right now. he has the highlights. >> hi, maria. no specific olive branch here from the president during the press conference to republicans in terms of the fiscal cliff negotiations. the president twice now referencing his own re-election, suggesting the american people voted here for a very specific set of outcomes. take a listen. >> if there's one thing that i'm pretty confident about, it's the american people understood what they were getting when they gave me this incredible privilege of being in office another four years. >> the president did take a hard line on extending the bush tax cuts. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists will have the least positive impact on our economy. perhaps the fieriest moment in all of this is in the discussion over libya. the president talking about u.n. ambassador susan rice, who's been criticized by senators mccain and graham up on capitol hill. the president said if mccain and
. >> reporter: a fight over a tragedy that could be calmed by david petraeus, who as cia director went to benghazi to investigate and will testify to congress tomorrow. retired four star general petraeus may have quit in disgrace after he admitted to adultery. but his believability on national security and his reputation, larry, for bipartisanship leads a lot of people up here to believe that both sides will buy whatever petraeus tells them tomorrow about libya. back to you. >> many thanks, nbc's steve handelsman. we appreciate the update. >>> a new study shows that obama care will drive doctors' pay so low that we're not going to have any primary care physicians left in the country. we have a real private practice doctor who's going to lay this whole problem out for us next up. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuri
sudden and shocking tales of sex on the job in the last week alone. cia head david petraeus resigning after an extramarital affair, and the incoming head of lockheed martin is out after having an affair with a subordinate. "the discrete guide for executive women, how to work well with men and other difficulties." we know of course how damaging these affairs can be to the players involved but talk about the collateral damage in the work place. the author joins us now. jennifer, thank you so much for joining us. >> thank you. >> let's talk first of all about these particular situations seem to be coming around more and more. but talk to me about the collateral damage in the workplace and some examples of how the ripple effects of these types of sex scandal can be felt in the workplace. >> well, first of all, they're very distracting obviously. the news that these relationships often do leak out and employees are very curious about them. and also very observant about the impact that it might have on the company, on their position, and even the stability of their job. so it's certainly a
Search Results 0 to 9 of about 10